US Dashes India's Last Tariff Hopes
July 31, 25 by John JeffayYesterday's news that US importers would have to pay a total of 35 per cent in tariffs on goods from India came as no surprise. But for a diamond industry that has seen exports plunge to a 20-year low, there was little comfort. Hopes of a last-minute deal to avoid... Read More...
Dubai's Polished Diamonds - an Industry Hanging in the Balance
July 24, 25 by Peter MeeusDubai's ascent in the global diamond trade is undeniable, yet its polished diamond business now confronts a critical threat. Opaque regulations, punitive taxes, and mounting costs are pushing diamantaires, particularly from key markets, to look elsewhere... Read More...
Lab Grown Grading: The Big Divide
July 17, 25 by John JeffayShould lab growns be graded like natural diamonds? It's a simple enough question, but the answer is not so straightforward, as evidenced by three announcements in recent weeks by three labs - all taking different positions. In short, GIA says no. The 4Cs... Read More...
Three More Weeks of Tariffs Turmoil
July 10, 25 by John JeffayIt's complicated trying to piece together the tariff jigsaw puzzle. Every time it looks like it's coming together, Trump makes another announcement, sends out some letters or adds a new post, with lots of shouty CAPITAL LETTERS, to his Truth Social online.... Read More...
Busted: Couple's $1.8m Counterfeit Empire
July 03, 25 by John JeffayThis is the story of Zhao Mou and his wife Mao, who thought they could make a quick buck selling counterfeit jewelry . . . until they were arrested. They were struggling to make ends meet in Shanghai, China, selling unbranded trinkets through their online store... Read More...
Untold Damage: Blurring the Lines Between Natural and Synthetic
June 26, 25 by Hertz HasenfeldThe Natural Diamond Council (NDC) has recently adopted a bolder, more pointed tone in its advertising—drawing a clear line between natural diamonds and synthetics. This shift has stirred some controversy within the trade, with critics calling the campaigns "divisive" ... Read More...
Jwaneng Banking on a Bounceback
June 19, 25 by John JeffayThe Jwaneng diamond mine is unquestionably a cornerstone of Botswana's economy. It has, historically, accounted for more than half of De Beers total diamond production in the country, and over 40 per cent of the miner's global output. But today, the vast open pit... Read More...
Rebranding Diamonds, Chicken-Wing Style
June 11, 25 by John JeffayNobody used to eat chicken wings. They were used for soup or stock, but it was invariably the breast or thigh that made it onto the dinner table. Then in March 1964, Teressa Bellissimo hit on an idea. Her son and his pals had arrived at the bar she ran in ... Read More...
More Tariffs Turmoil
June 05, 25 by John JeffayStand by for more tariffs turmoil. Donald Trump caused global mayhem with his "Liberation Day" announcement on 2 April, imposing reciprocal import duties on all US trading partners. He pressed the pause button a week later, offering a 90-day reprieve... Read More...
Jewelers, Watch Your Walls
May 29, 25 by John JeffayRaiders escaped with watches and jewelry worth at least $10m from the Love Jewels store in downtown Los Angeles in April. That was after they'd spent weeks tunneling their way through 3ft thick concrete, from an empty theater building next door. They struck... Read More...
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